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Here’s what buyers and sellers want from their real estate agent

Housing Wire

And for all talk about getting a good deal on a purchase or sale, people still just want to find the right home and have a smooth process. 1 need, while only 14% said they wanted help in negotiating the terms of the sale. The survey also shed light on the different methods by which agents are marketing homes for sale.

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Brokers struggle to scale the brick wall of membership agreements

Housing Wire

Some real estate brokers have found their path blocked as they try to navigate the membership agreements mandated by NAR and their local Realtor associations to gain access to MLS listings. NARs three-way membership agreement requires Realtors to join associations at the local, state and national levels.

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MLSs turn to AI to catch commission lawsuit settlement violations

Housing Wire

“I’ve never seen an environment where compliance has taken such precedent over everything else,” said John Heithaus, chief marketing officer at Ocusell , a compliance software firm. “If It also requires MLS members to disclose agreements with prospective buyers that outline commission expectations before showing them a home for sale.

MLS
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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

As a real estate reporter, it was not lost on me that the formal start of my house hunt would coincide almost perfectly with the real estate industry working through the nationwide implementation of the business practice changes outlined in the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement.

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How to find expired listings: 9 proven strategies

Housing Wire

Search the local MLS Time invested: 1-2 hours per week Cost: Free A tried-and-true place to find expired real estate listings is your local MLS. Here are the most common factors: Days on market. The average length of a listing agreement typically ranges from three to six months (90 to 180 days). Proactive marketing.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

That can include being a housing market expert and advising clients on the best times to list or buy a home; having referrals handy for inspections, repairs, staging and photography; understanding the mortgage origination process; and more. Also top of the list, agents are marketers. How do real estate agents get paid?

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An agent’s guide to hiring a real estate photographer

Housing Wire

The more buyers through the door, the more offers youll receive quickly and the higher the sale price will be. Yet I still hired a professional real estate photographer, and we had an accepted offer after just four days on the market. Do your research by logging into your local MLS and searching through the listings in your area.